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Crypto ATM Market Share

Report ID: GMI2944
Published Date: Apr 2022
Report Format: PDF

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Crypto ATM Market Share

Key players operating in the market include:

Bit Base S.L
Bitaccess Inc
Bitcoin Depot
Bitstop
Byte Federal Inc
Coin Cloud
CoinFlip
Coinme
Coinsource
GENERAL BYTES s.r.o
Genesis Coin Inc
Lamassu Industries AG
Localcoin
National Bitcoin ATM
Orderbob (ServiceBob)
RockitCoin.

The market players are focusing on new strategic collaborations to receive funding and gain a competitive edge in the industry. For instance, in January 2022, MoneyGram International, Inc. announced a strategic minority investment in Coinme to improve its capacity and link digital assets to local currencies. With this development, MoneyGram International, Inc. aims to extend its access to digital assets and cryptocurrencies. This will also improve accessibility to bitcoin by establishing various additional point-of-sale sites where people can purchase and sell bitcoin.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of crypto ATM exceeded USD 250 million in 2021 and is anticipated to showcase more than 50% CAGR between 2022 and 2028.

Germany industry size will register over 55% CAGR through 2028 due to the tax benefits offered by the government on cryptocurrency transactions.

The U.S. market size from two-way crypto ATMs will record 50% CAGR through 2028 as these ATMs provide both, the buying and selling options to customers.

Bit Base S.L, Bitcoin Depot, Bitaccess Inc., CoinFlip, Coin Cloud, and Coinme, among several others, are the main participants in this market.